According to Stratistics MRC, the Global Aerial Refueling Systems Market is accounted for $4.54 million in 2020 and is expected to reach $6.96 million by 2028 growing at a CAGR of 5.5% during the forecast period. Increasing adoption of multi role tanker transport aircraft, rising defense budgets, and growing aviation industry are the major factors propelling the market growth. However, complex operating mechanism and high maintenance costs are hampering the market growth.
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By geography, North America is going to have a lucrative growth during the forecast period due to the presence of largest refueling fleets. The U.S. fleet includes over 400 KC-135s and 55 large KC-10s. The U.S. Air Force and Marine Corps are enhancing their fleet to sustain their aerial supremacy that in turn will influence the market expansion across the region. Moreover, the region is witnessing replacement of old refueling tankers with versatile ones to strengthen refueling capability.
Some of the key players profiled in the Aerial Refueling Systems Market include Boeing, Cobham Plc, Dassault Aviation, Eaton Corporation, GE Aviation System, Liebherr Group, Lockheed Martin, Marshall of Cambridge (Holdings) Ltd, Northstar Engineering Corporation, Omega Aerial Refueling Services lnc, Smiths, and Zodiac Aerospace.
Types Covered:
• Tanker Aircraft Systems
• Receiver Aircraft Systems
Systems Covered:
• Probe & Drogue
• Flying Boom
• Autonomous
Components Covered:
• Boom
• Drogues
• Hoses
• Refueling Pods
• Refueling Probes
Applications Covered:
• Commercial Aircraft
• Helicopters
• Military Aircraft
• Unmanned Aerial Vehicles (UAV)
Distribution Channels Covered:
• Original Equipment Manufacturer (OEM)
• Aftermarket
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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